What news has recently affected the trend of gold? How to judge gold’s long and short positions?
Analysis of gold news: Spot gold remained volatile on Wednesday (August 9), currently trading around US$1,930. The next day, spot gold fluctuated downwards during the session, falling below the 1,930 mark and falling to an intraday low of US$1,922.83 during the US trading session. , the U.S. dollar index climbed across the board, gaining safe-haven buying, European risk-sensitive currencies fell due to the deterioration of the global outlook, and gold prices fell to the lowest in nearly a month. Investors bought the safe-haven U.S. dollar after the release of weak trade data from major Asian countries. At the same time, Caution gripped markets ahead of U.S. inflation data due later this week.
Gold market trend analysis and operation suggestions
Gold technical analysis: From the 4-hour perspective of gold, the stochastic indicator KDJ is temporarily passivated, and MACD has no golden cross, making it difficult to rise at a large level for the time being; however, yesterday's continuous decline requires correction in the short term during the day; in the daily K, the stochastic indicator MACD It is still a dead cross, a dead cross state, and does not support a big rise for the time being; the support position of the lower track is near 1910. Today, the upper pressure continues to focus on yesterday's opening of 1935-1940. Counterattacks during the day will rely on this position to continue to be bearish and then look at the downward continuation. The recent watershed between long and short strength is 1942. The daily level has not broken through and stood at this position before any counterattack. Drawing is an opportunity for short selling, and we should continue to follow the trend and participate in short selling.
Gold short-term operation suggestions
Short order strategy:
Gold rebound: short (buy or sell) two-tenths of the position near 1935-1938, stop loss 8 points, target around 1930-1920, suggestions are for reference only, investment is risky, be cautious when entering the market!
Long order strategy:
Gold pulls back around 1920-1923 and goes long (buy up) two-tenths of the position, with a stop loss of 8 points, and the target is around 1930-1940. The suggestion is for reference only. Investment is risky, so be cautious when entering the market!
Peng Guangzhe - Tell the truth to my investment friends
When you read this article by Peng Guangzhe, it proves that your operation is not ideal, but you are not willing to accept it. I am not willing to have all my funds taken away by the market in this market. But where is the problem? Friends, please rationally analyze why you are always slower than others. Guangzhe has always emphasized that positions must be reasonably controlled, mainly focusing on risk control. If you want to get rich overnight when investing, you will regret it for a hundred nights. What we learn is knowledge, and what we accumulate is wealth! There is no 100% order in this market, and there will always be mistakes. What the market lacks is not teachers or strategies, but a qualified risk controller. If you remain unchanged on the investment path, then you are a real failure!
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